The Olcott Hotel is on West 72nd Street in New York City's Upper West Side. It was built by the Lapidus Engineering Company beginning in late 1925. The edifice was one of a number of structures constructed at the time from Central Park West to Columbus Avenue on 72nd Street, in Manhattan. The Fairfield Hotel was another building going up concurrently. Its builder was Louis Israelson and Associates. The Olcott Hotel was sixteen stories when it was completed. It opened in 1930.